Ryanboyd

BTC breakout! Pull back before continuation?

Ryanboyd 업데이트됨   
KUCOIN:BTCUSDT   Bitcoin / Tether
BTC has broken out of a wedge, but the red line indicates the previous candle closed in overbought territory and could be due for a reversal.

We could see a pull back before price then continues north.
코멘트:
I'll be looking to see price come deep into this Fair Value Gap before reversing. Areas of interest to look for a reversal back to the upside is on the 0.5-0.702 fib level. Zooming in to 5min to look for change in market structure

코멘트:
Back into reversal area now

코멘트:
There is the bounce at 0.5 on the Fib, which is half way in the FVG
코멘트:
코멘트:
Was a good scalp
코멘트:
Thanks for playing
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